Reconstructing Financial Records for a Neglected Company
A construction company in Jaipur had operated for years with fragmented bookkeeping spread across spreadsheets, informal ledgers, and multiple bank accounts. When the promoters sought a working-capital facility, the bank required audited financials the company simply could not produce. Several years of accounts had to be reconstructed before any filing or financing could proceed.
A clear-eyed look at where they stood.
A construction company in Jaipur had operated for years with fragmented bookkeeping spread across spreadsheets, informal ledgers, and multiple bank accounts. When the promoters sought a working-capital facility, the bank required audited financials the company simply could not produce. Several years of accounts had to be reconstructed before any filing or financing could proceed.
CapEasy rebuilt the books from source — bank statements, vendor and customer records, GST returns, and contracts — reconstructing multiple years of financial statements, reconciling balances, and preparing the accounts for audit. We then completed the overdue statutory filings and set up an ongoing accounting process to keep records current.
The outcome
The company obtained a clean set of reconstructed, audit-ready financial statements and cleared its backlog of filings. With reliable numbers in hand, the promoters were able to progress their banking facility and finally see an accurate picture of the business.
This describes work CapEasy delivered in a real engagement; the client’s name is withheld to protect their confidentiality. Outcomes vary by company, sector and stage; nothing here is a promise of a similar result. CapEasy is a private consultancy and is not affiliated with any government authority.